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Saturday, November 16, 2024

Spruance City home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Spruance City fell by $3,820 while total sales increased by 150%, according to BlockShopper.com.

From July through September of 2019, there were 10 homes sold, with a median sale price of $184,950 - a 2% decrease over the $188,770 median sale price for the same period of the previous year. There were four homes sold in Spruance City in the third quarter of 2018.

The median sales tax in Spruance City for the most recent year with available data, 2015, was $674, approximately 0.4% of the median home sale price for the third quarter of 2019.

The following table compares Spruance City to other Kent County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Camden211816.7%$205,000$207,450-1.2%
Lakeshore Village15-80%$194,155$235,000-17.4%
Hudson Trails62200%$189,450$210,000-9.8%
Dover206247-16.6%$188,250$180,0004.6%
Marydel48-50%$186,250$141,50031.6%
Spruance City104150%$184,950$188,770-2%
Hartly18175.9%$184,500$113,00063.3%
Wyoming141040%$174,000$148,166.5017.4%
Bay View Heights10-$170,000$0-
Smyrna Landing24-50%$160,000$127,50025.5%
Brookdale Heights21100%$157,500$225,000-30%

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